NOT LISTED FOR SALE

1616 Fayette Ave Reading, PA 19607

Estimated Value: $193,000 - $240,000

3 Beds
1.5 Baths
864 Sq Ft
$254/Sq Ft Est. Value

Last Sold November 20, 2015

Last sale price $68,750 $80 Per Sq Ft

Est. 236% increase in value since last sale

Current estimated payment $1,358/month

380 Days on Market

Highlights

  • Cape Cod Architecture
  • 1 Car Detached Garage
  • Living Room
  • No HOA
  • Eat-In Kitchen
  • En-Suite Primary Bedroom

About This Home

As of November 2015

Sweet single in Kenhorst, Governor Mifflin Schools. Located in a very quiet neighborhood, nice yard and detached garage. Oil heat, formal dining room. First floor office or additional bedroom.

Last Agent to Sell the Property

David Yeager

Pagoda Realty License #RM422644 Listed on: 09/30/2014

Pagoda Realty

Last Buyer's Agent

Lisa Marchio

Commonwealth Real Estate LLC

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940

Lot Details

  • 6,970 Sq Ft Lot
  • Property is in below average condition

Parking

  • 1 Car Detached Garage
  • On-Street Parking

Home Design

  • Cape Cod Architecture
  • Brick Exterior Construction
  • Pitched Roof
  • Shingle Roof

Interior Spaces

  • 864 Sq Ft Home
  • Property has 1.5 Levels
  • Living Room
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • En-Suite Primary Bedroom
  • 1.5 Bathrooms

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Laundry in Basement

Utilities

  • Heating System Uses Oil
  • Hot Water Heating System
  • 100 Amp Service
  • Natural Gas Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 1953
  • Assessor Parcel Number 54-5305-06-38-1953

Home Details

Home Type

Single Family

Year Built

Built in 1940

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Structure Type: Detached
  • Architectural Style: Cape Cod
  • Ownership: Fee Simple
  • New Construction: No
  • Story List: Main, Upper 1
  • Year Built: 1940
  • Remarks Public: Sweet single in Kenhorst, Governor Mifflin Schools. Located in a very quiet neighborhood, nice yard and detached garage. Oil heat, formal dining room. First floor office or additional bedroom.
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Kitchen - Eat-In
  • Fireplace: No
  • Levels Count: 1.5
  • Room Count: 7
  • Room List: Living Room, Dining Room, Primary Bedroom, Bedroom 2, Kitchen, Bedroom 1
  • Basement: Yes
  • Basement Type: Full, Unfinished
  • Laundry Type: Basement
  • Total Sq Ft: 864
  • Living Area Sq Ft: 864
  • Net Sq Ft: 864.00
  • Price Per Sq Ft: 83.62
  • Above Grade Finished Sq Ft: 864
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1616

Beds/Baths

  • Bedrooms: 3
  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Main Level Bathrooms: 1.00
  • Upper Level Bathrooms: 1.00
  • Main Level Full Bathrooms: 1
  • Upper Level Half Bathrooms: 1

Exterior Features

  • Other Structures: Above Grade
  • Construction Materials: Brick
  • Construction Completed: No
  • Roof: Pitched, Shingle
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage Spaces: 1.00
  • Garage: Yes
  • Parking Features: Street
  • Number Of Detached Garage Spaces: 1
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: On Street, Detached Garage

Utilities

  • Central Air Conditioning: No
  • Electric Service: 100 Amp Service
  • Heating Fuel: Oil
  • Heating Type: Oil, Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Condo Co-Op Association: No
  • HOA: No

Schools

  • School District: GOVERNOR MIFFLIN
  • School District Key: 300200397317

Lot Info

  • Improvement Assessed Value: 37500.00
  • Land Assessed Value: 37400.00
  • Land Use Code: 102
  • Lot Size Acres: 0.16
  • Lot Dimensions: .
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 6970.00
  • Property Condition: Below Average
  • Zoning: RES

Rental Info

  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1526167
  • Tax Annual Amount: 2964.00
  • Assessor Parcel Number: 54-5305-06-38-1953
  • Tax Lot: 1953
  • Tax Year: 2015
  • Close Date: 11/20/2015

MLS Schools

  • School District Name: GOVERNOR MIFFLIN

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Nov 19, 2015
Sold by
Newlands Asset Holdings Trust
Bought by
Monte Properties Llc
Seller's Agent
David Yeager
Pagoda Realty
Buyer's Agent
Lisa Marchio
Commonwealth Real Estate LLC
List Price
$79,900
Sold Price
$68,750
Premium/Discount to List
-$11,150
-13.95%
Current Estimated Value
$231,106

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$162,356
Avg. Annual Appreciation
13.31%

Purchase Details

Closed on
Jul 21, 2015
Sold by
Queens Park Oval Asset Holding Trust
Bought by
Newlands Asset Holding Trust

Purchase Details

Closed on
Jun 9, 2015
Sold by
Queens Park Oval Asset Holding Trust
Bought by
Newlands Asset Holdings Trust

Purchase Details

Closed on
Nov 17, 2014
Sold by
Ambrose Jack R
Bought by
Queens Park Oval Asset Holding Trust

Purchase Details

Closed on
May 5, 2008
Sold by
Royle Jason D and Royle Holly L
Bought by
Ambrose Jack R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,584
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Monte Properties Llc $68,750 None Available
Newlands Asset Holding Trust $98,868 Performance Title Llc
Newlands Asset Holdings Trust $98,119 Performance Title Llc
Queens Park Oval Asset Holding Trust $65,000 None Available
Ambrose Jack R $149,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ambrose Jack R $147,584
Previous Owner Royle Jason D $16,300
Previous Owner Royle Jason D $99,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2015 11/20/15 Sold $68,750 -4.8% $80 / Sq Ft
10/20/2015 10/20/15 Price Changed $72,250 -4.9% $84 / Sq Ft
10/15/2015 10/15/15 Pending -- -- --
08/25/2015 08/25/15 Price Changed $75,950 -4.9% $88 / Sq Ft
08/18/2015 08/18/15 For Sale $79,900 +16.2% $92 / Sq Ft
05/16/2015 05/16/15 Pending -- -- --
05/15/2015 05/15/15 Off Market $68,750 -- --
05/13/2015 05/13/15 Price Changed $79,900 -15.0% $92 / Sq Ft
04/09/2015 04/09/15 Price Changed $94,000 -5.0% $109 / Sq Ft
03/08/2015 03/08/15 Price Changed $98,900 -4.2% $114 / Sq Ft
02/05/2015 02/05/15 Price Changed $103,250 -4.8% $120 / Sq Ft
01/05/2015 01/05/15 Price Changed $108,500 -4.8% $126 / Sq Ft
12/02/2014 12/02/14 Price Changed $113,950 -5.0% $132 / Sq Ft
09/30/2014 09/30/14 For Sale $119,900 -- $139 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,111 $74,900 $37,400 $37,500
2024 $3,315 $74,900 $37,400 $37,500
2023 $3,226 $74,900 $37,400 $37,500
2022 $3,189 $74,900 $37,400 $37,500
2021 $3,151 $74,900 $37,400 $37,500
2020 $3,151 $74,900 $37,400 $37,500
2019 $3,114 $74,900 $37,400 $37,500
2018 $3,060 $74,900 $37,400 $37,500
2017 $3,001 $74,900 $37,400 $37,500
2016 $952 $74,900 $37,400 $37,500
2015 $952 $74,900 $37,400 $37,500
2014 -- $74,900 $37,400 $37,500
Source: Public Records

Agents Affiliated with this Home

  • David Yeager

    Seller's Agent in 2015

    David Yeager

    Pagoda Realty

    (610) 985-7700

    53 Total Sales

    Section Image

  • L

    Buyer's Agent in 2015

    Lisa Marchio

    Commonwealth Real Estate LLC

    (610) 463-7646

    14 Total Sales

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Map

Source: Bright MLS

MLS Number: 1003103290

Bright MLS

APN: 54-5305-06-38-1953

Pennsylvania Berks County Reading 19607

1616 Fayette Ave, Reading, PA

This home is located at 1616 Fayette Ave, Reading, PA 19607 since 30 September 2014 and is currently estimated at $219,541, approximately $254 per square foot. This property was built in 1940. 1616 Fayette Ave is a home located in Berks County with nearby schools including Mifflin Park Elementary School, Governor Mifflin Intermediate School, and Governor Mifflin Middle School.

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